Insurance of Imported Goods Ministerial Orders N.° 4/2004

For the purposes of determining the customs value of goods imported into East Timor, freight, insurance and other expenses are included in the respective FOB value; Whereas the customs value of imported goods is the transaction value, i.e. the price actually paid or payable for the goods sold for export to a third country, plus freight, i.e. the amount paid for the cost of transport of goods to the country of destination and the cost of insurance;

Please note that this Ministerial Diploma is only available in the Portuguese language. To download the PDF please click on the link below

 

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